S&W Seed (NASDAQ:SANW) Sees Significant Increase in Short Interest

S&W Seed (NASDAQ:SANWGet Free Report) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 44,600 shares, an increase of 243.1% from the January 31st total of 13,000 shares. Based on an average daily volume of 110,100 shares, the days-to-cover ratio is currently 0.4 days.

S&W Seed Stock Performance

Shares of NASDAQ:SANW traded down $0.01 during trading on Wednesday, hitting $0.51. 700,036 shares of the stock traded hands, compared to its average volume of 126,003. The company has a quick ratio of 0.42, a current ratio of 1.04 and a debt-to-equity ratio of 0.09. The company has a fifty day moving average price of $0.58 and a two-hundred day moving average price of $0.71. S&W Seed has a 52-week low of $0.45 and a 52-week high of $1.85. The company has a market cap of $22.09 million, a price-to-earnings ratio of 1.82 and a beta of 0.97.

Institutional Trading of S&W Seed

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wynnefield Capital Inc. grew its holdings in S&W Seed by 4.4% in the fourth quarter. Wynnefield Capital Inc. now owns 4,250,636 shares of the company’s stock valued at $2,975,000 after purchasing an additional 179,999 shares during the period. First Western Trust Bank acquired a new stake in S&W Seed in the 1st quarter valued at $348,000. Captrust Financial Advisors acquired a new stake in S&W Seed in the 4th quarter valued at $164,000. Virtu Financial LLC purchased a new stake in S&W Seed in the 1st quarter worth $193,000. Finally, Walleye Capital LLC acquired a new position in S&W Seed during the first quarter worth $170,000.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on S&W Seed in a research note on Tuesday. They issued a “sell” rating on the stock.

Check Out Our Latest Stock Report on SANW

S&W Seed Company Profile

(Get Free Report)

S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa and sorghum seeds. The company also offers sunflower, stevia, camelina, wheat, and pasture seeds. It sells its seeds to distributors and dealers in 40 countries. The company was founded in 1980 and is headquartered in Longmont, Colorado.

Read More

Receive News & Ratings for S&W Seed Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&W Seed and related companies with MarketBeat.com's FREE daily email newsletter.